https://www.taxtmi.com/news?id=73817 Proposed United States legislation would authorise tariffs of up to 100 per cent on India, China, Slovakia, Hungary and Azerbaijan as major purchasers of Russian oil. It also contemplates broad blocking sanctions affecting Russia's energy, financial and defence sectors and designated persons. The tariffs would be narrowly targeted and subject to restricted waiver authority, while certain European purchasers of Russian gas would be exempted based on limited dependence and efforts to reduce reliance on Russia. en-us Wed, 15 Jul 2026 09:16:04 +0530 Wed, 15 Jul 2026 09:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73817 Proposed United States legislation would authorise tariffs of up to 100 per cent on India, China, Slovakia, Hungary and Azerbaijan as major purchasers of Russian oil. It also contemplates broad blocking sanctions affecting Russia's energy, financial and defence sectors and designated persons. The tariffs would be narrowly targeted and subject to restricted waiver authority, while certain European purchasers of Russian gas would be exempted based on limited dependence and efforts to reduce reliance on Russia. News - Wed, 15 Jul 2026 09:16:04 +0530 https://www.taxtmi.com/news?id=73817